Sun Metals Corporation Pty Ltd, a subsidiary of Korea Zinc Company, has received a $5 million government grant to build North Queensland’s first renewable hydrogen facility in Townsville. The money is part of the Queensland Government’s $15 million Hydrogen Industry Development Fund (HIDF).
Local member for Mundingburra Coralee O’Rourke said that investment in new industries was critical for creating new jobs as Queensland recovers from COVID-19. Sun Metal’s CEO Kiwon Park anticipates that this project will only be the beginning of their investment into hydrogen facilities in Townsville, saying “the hydrogen project is part of Sun Metals’ long-term plans for a totally integrated operation including our zinc refinery, solar farm and other operations at Stuart.”
To read the full media statement, click here.
For more information on Queensland’s hydrogen industry, click here.
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